Outgoing City of London Lord Mayor Nicholas Lyons will return to Phoenix Group as chair October 4, 2023 The outgoing City of London Lord Mayor Nicholas Lyons will return to insurance giant Phoenix Group as chair, when his term ends next month. Lyons will resume his role with FTSE100 pension firm following a sabbatical for his mayoralty, which ends in November. He will be made chair of the board of directors on 1 [...]
MPs slam Tory mayoral hopeful for saying Jews ‘frightened’ under Sadiq Khan October 3, 2023 Tory mayoral hopeful Susan Hall has been accused of deploying “dog-whistle” politics in her bid to lead City Hall after claiming Jews are “frightened” under Labour’s Sadiq Khan. Senior Labour MPs urged the Conservative candidate to retract the “divisive and disgusting” remarks as the Board of Deputies of British Jews said there is “no fear [...]
Hunt: London’s stock market can rise above Nasdaq October 3, 2023 London’s stock market “can actually do better than Nasdaq” in some areas, Jeremy Hunt said today, as the government and regulators scramble to boost the appeal of the City amid a drop in public listings.
Rishi Sunak refuses to say if HS2 to Manchester is being scrapped – six times October 3, 2023 Rishi Sunak has refused to confirm whether HS2 to Manchester is being scrapped six times while being grilled in a live interview. The Prime Minister insisted to BBC Breakfast he had “absolutely not” given up on the multi-billion pound rail scheme which has dominated the Conservative Party Conference. “We’ve got spades on the ground on [...]
Sunak failed to hand over pandemic WhatsApp messages to Covid inquiry – reports October 3, 2023 Rishi Sunak has told the Covid-19 inquiry that he is unable to provide WhatsApp messages from his time as Chancellor during the pandemic because he failed to back them up, it has been reported. The Prime Minister wrote in his witness statement that he does “not have access” to the messages because he changed his [...]
Conservative Conference Diary: Speed limits on growth October 3, 2023 City A.M.’s reporters bring you the gossip behind the headline speeches at the Conservative Party Conference.
Government to review UK regulators in hunt for post-Brexit ‘advantages’ October 2, 2023 The government has committed to review the UK’s sprawling regulatory system today in a bid to strip back red tape and find “post-Brexit regulatory advantages”. In a statement today, business secretary Kemi Badenoch said the government would kick off an “in-depth review” of how regulators work in the UK. The aim of the new deep [...]
Hunt announces civil service hiring freeze as he aims to shrink the state October 2, 2023 Chancellor Jeremy Hunt today announced a freeze on civil service recruitment and pledged to shrink the size of the state.
EU reaffirms ‘unwavering’ commitment to Ukraine – amid suggestions of ailing support October 2, 2023 Some of Europe’s top diplomats are gathered in Kyiv in a display of support for Ukraine’s fight against Russia’s invasion as signs emerge of political strain in Europe and the United States over the war. European Union foreign ministers converged on the Ukrainian capital for an unannounced informal meeting that officials said would review the [...]
‘The lower the better’: Truss tells Tory conference corporation tax should be at 19 per cent October 2, 2023 Corporation tax should be slashed to 19 per cent and “if we can get it lower the better”, Liz Truss has said. The former Tory leader, who left office after just 49 days last year following a calamitous mini-budget which sent markets spiralling, called for action to “change the agenda” and prevent British businesses being [...]